Abstract

The article provides a detailed analysis of causes and consequences of modern unemployment with reference to the Russian economy as a whole, and, its sector of agricultural production, in particular. The authors explore varied views on the phenomenon of unemployment in economic science. It is largely described as a consequence of a market economy deformation, resulting from the bureaucratization of management, in contrast to certain liberal treatments, focusing on a “free” (market) demand for labour. The authors give grounds for the necessity to abandon the so-called “effective contracts” as inappropriate under the conditions of the current macroeconomic instability and high socio-economic risks; in replacement, they suggest using more intensively the “social” and “fixed-term” labor contracts broadly accepted in the world.

Highlights

  • In the situation of the growing macroeconomic instability and uncertainty, as well as the finance, economic, and ecological crises, aggravated by the intensive struggle against the spread of the COVID-19 pandemic and numerous sanctions by Western countries against the Russian Federation (RF), the unemployment rate in Russia is growing steadily

  • Over the last eight years (2012-2020), the jobless rate in Russia has soared and reached its highest level, which requires a detailed analysis of the situation, in view of the existing high risks and macroeconomic turbulence

  • The research aims to analyze and assess the key factors causing the rise in the RF agricultural unemployment as well as to identify the most productive and effective strategy and methods of reducing it in the national agro-industrial complex (AIC)

Read more

Summary

Introduction

In the situation of the growing macroeconomic instability and uncertainty, as well as the finance, economic, and ecological crises, aggravated by the intensive struggle against the spread of the COVID-19 pandemic and numerous sanctions by Western countries against the Russian Federation (RF), the unemployment rate in Russia is growing steadily. The research aims to analyze and assess the key factors causing the rise in the RF agricultural (agrarian) unemployment as well as to identify the most productive and effective strategy and methods of reducing it in the national agro-industrial complex (AIC). The paper focuses on analyzing the current unemployment statistics;.

Materials and Methods of Research
Research Outcome
Findings
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call